We use actual negotiations between angel investors and entrepreneurs to study the impact
of personal characteristics on investment outcomes. We construct a unique data set with 707 …

In this paper, we investigate the role of educational ties in private equity. Although we cannot
observe all the funds that bid for a target company, we construct the set of potential bidders …

Under a randomized setting, this paper finds workers with entrepreneurial ambitions—
intended entrepreneurs—are (i) far more common than workers with past entrepreneurial …

Evaluating the market for potential entrepreneurs, we test whether interacting with confident
agents encourages entry into competitive environments. Under an experimental setting, we …

Networks can establish business connections and facilitate information flows. But how
valuable are they in competitive settings, such as the deal generation of private equity? We …